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Yen nears four-decade low, and Katayama issues warning - The Japan Times

Yen nears four-decade low, and Katayama issues warning - The Japan Times

The finance minister’s comments were not as strong as those made in April before intervention.

The yen blew through the ¥161-to-the-dollar mark overnight and approached levels not seen since the 1980s, though it pulled back just short of notching a multidecade record. When we act, we will act… [+2473 chars]

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